22 August 2024
CALCULUS VCT PLC
RESULTS OF ANNUAL GENERAL MEETING
The Company is pleased to announce that at the Annual General Meeting held today all resolutions were passed on a show of hands, including the following resolutions 12 to 16:
Resolution 12 (ordinary resolution): To amend the rate of performance incentive fee charged by the Manager to 10% and introduce the co-investment syndicate structure to the Manager as set out in the Circular dated 11 July 2024
Resolution 13 (special resolution): To authorise the Directors to allot shares for cash pursuant to Sections 570 of the Companies Act 2006
Resolution 14 (special resolution): To authorise the Directors to make market purchases of the Company's own shares.
Resolution 15 (special resolution): To hold general meetings (other than annual general meetings) on 14 clear days' notice.
Resolution 16 (special resolution): To authorize the Directors to apply for the share premium and capital redemption reserve accounts to be cancelled.
The proxy votes received on each resolution were as follows:
| For | At the Chairman's Discretion | Against | Withheld |
Resolution 1 | 777,237 | 1,892 | 23,034 | - |
Resolution 2 | 774,819 | 1,892 | 25,452 | - |
Resolution 3 | 774,819 | 1,892 | 25,452 | - |
Resolution 4 | 778,493 | 636 | 23,034 | - |
Resolution 5 | 727,569 | 1,892 | 72,702 | - |
Resolution 6 | 776,819 | 1,892 | 23,452 | - |
Resolution 7 | 770,897 | 7,814 | 23,452 | - |
Resolution 8 | 777,237 | 1,892 | 23,034 | - |
Resolution 9 | 777,237 | 1,892 | 23,034 | - |
Resolution 10 | 777,237 | 1,892 | 23,034 | - |
Resolution 11 | 776,819 | 1,892 | 23,452 | - |
Resolution 12 | 785,073 | 1,892 | 2,000 | 13,198 |
Resolution 13 | 725,987 | 1,892 | 74,284 | - |
Resolution 14 | 801,109 | 636 | 418 | - |
Resolution 15 | 786,389 | 636 | 15,138 | - |
Resolution 16 | 799,853 | 1,892 | 418 | - |
A copy of the full text of Resolutions 13 to 16 will be submitted to the National Storage Mechanism and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism
The Circular dated 11 July 2024 was previously submitted to the National Storage Mechanism and is also available on the Company's website https://calculuscapital.com/vct-annual-general-meeting-2024/
Calculus Capital Limited
Company Secretary
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